CADJPY recently reversed up from the support area lying between the support level 81.00 (low of the previous wave (ii)), lower daily Bollinger Band and the support trendline of the daily down channel from March.
The upward reversal from this support area created the daily Japanese candlesticks reversal pattern Hammer.
CADJPY is expected to rise further inside the active impulse wave (3) and retest the next resistance level 82.60 (top of the previous correction (iv)).
Solana: ⬇️ Sell - Solana reversed from resistance zone - Likely to fall to support…
EURAUD : ⬇️ Sell - EURAUD broke the support level 1.7600 - Likely to fall…
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…
Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…
DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…
This website uses cookies
